Clearfield, Inc. (CLFD)

Market Cap	433.99M
Revenue (ttm)	217.01M
Net Income (ttm)	13.01M
Shares Out	14.71M
EPS (ttm)	0.82
PE Ratio	35.99
Forward PE	30.67
Dividend	n/a
Ex-Dividend Date	n/a

Volume	106,553
Open	29.43
Previous Close	29.36
Day's Range	29.36 - 29.94
52-Week Range	22.91 - 50.82
Beta	1.34
Analysts	Buy
Price Target	41.50 (+40.63%)
Earnings Date	May 2, 2024

About CLFD

Clearfield, Inc. manufactures and sells various fiber connectivity products in the United States and internationally. The company offers FieldSmart, a series of panels, cabinets, wall boxes, and other enclosures; WaveSmart, an optical components integrated for signal coupling, splitting, termination, multiplexing, demultiplexing, and attenuation for integration within its fiber management platform; and active cabinet products. It also provides CraftSmart FiberFirst pedestals, an access terminal that offers a cable management and mounting bracke...

• Industry: Communication Equipment
• Sector: Technology
• Founded: 1979
• Employees: 400
• Stock Exchange: NASDAQ
• Ticker Symbol: CLFD

Financial Performance

In 2023, Clearfield's revenue was $268.72 million, a decrease of -0.80% compared to the previous year's $270.88 million. Earnings were $32.53 million, a decrease of -34.09%.

Analyst Forecast

According to 4 analysts, the average rating for CLFD stock is "Buy." The 12-month stock price forecast is $41.5, which is an increase of 40.63% from the latest price.

Price Target

$41.5

(40.63% upside)

Analyst Consensus: Buy